Hey Colleagues,

Today we took a look back at the APE/USDT . Ape coin had an “NFT Marketplace OpenSea is accepting ApeCoins from now!”
After the previous charts done by use we sow the price hike and this coin was overbought after what it fell down for corrections. For now we see 4 strong confirmations about the price to go up again: It is sitting on a strong support line at $17, It is in a bullish trend right now and touched the lower high line, Bollinger Bands % is showing us that this coin os oversold which usually shoed a bullish sign to us in previous charts and for the final confirmation would be the news about OpenSea accepting ApeCoin as a payment.

Our expectations are that it can fall to $16 after what it should bounce right up, if not sooner.

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Yours Sincerely,

Swallow Team

Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.